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l Below are some cost data pertaining to Plant 1, which has total fixed costs of $1,000. Suopose that Plant 2 is exactly twice the

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Below are some cost data pertaining to Plant 1, which has total fixed costs of $1,000. Suopose that Plant 2 is exactly twice the size of Plant 1 while using at economic capacity) twice the amount of labour and materials, and that it produces exactly twice the output. Further, assume that the prices of these inputs do not change. Output 10 20 30 40 50 60 70 SAC: Plant 1 200 175 150 175 200 250 350 Refer to the information above to answer this question. What is the total cost of producing an output of 60 in Plant 2? A) $7,000 B) $9.000 C) $15,000 OD) $24,500 E) $30,000

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